Hyperliquid Founder Holds Washington Talks to Push Onchain Derivatives into the U.S. Market

Hyperliquid founder Jeff Yan held meetings with U.S. policymakers in Washington during the Clarity Act’s advancement, pitching onchain derivatives and outlining a path to compliant U.S. access. Discussions mixed technical DeFi briefings with broader explanations of user demand and market benefits, and Yan said the team will continue regulatory engagement. The article notes legacy derivatives firms Intercontinental Exchange and CME Group have lobbied regulators against Hyperliquid, adding friction to U.S. expansion. Market impact: progress on the Clarity Act and sustained regulatory engagement could open a new onchain derivatives market in the U.S., potentially boosting on‑chain liquidity and broader crypto adoption if a clear legal framework emerges.